12181
ZIPSAFMR
Rensselaer County, NY
BRFMR
Eff. Rent
0 BR$1,190$1,240
1 BR$1,380$1,310
2 BR$1,660$1,470
3 BR$1,990$1,420
4 BR$2,200$1,450
5 BR$2,530
6 BR$2,909
7 BR$3,346
8 BR$3,848

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,660
Market rentUsed$1,470
Est. payment standard (93%)$1,540
Market rent is below the inferred standard ($1,540, 93% of FMR).
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Current value$156,525
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Current value$156,525
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Current value$156,525
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.94ratio
FMR$1,190
Market$1,260
vs market-$70

FMR is near market; voucher and private rents are aligned.

90% standard$1,071 / 0.85 ratio110% standard$1,309 / 1.04 ratio
0.94
1 BR
1 BR
1.05ratio
FMR$1,380
Market$1,310
vs market+$70

FMR is near market; voucher and private rents are aligned.

90% standard$1,242 / 0.95 ratio110% standard$1,518 / 1.16 ratio
1.05
2 BR
2 BR
1.13ratio
FMR$1,660
Market$1,470
vs market+$190

FMR is above market; underwrite to market rent.

90% standard$1,494 / 1.02 ratio110% standard$1,826 / 1.24 ratio
1.13
3 BR
3 BR
1.40ratio
FMR$1,990
Market$1,420
vs market+$570

FMR is above market; underwrite to market rent.

90% standard$1,791 / 1.26 ratio110% standard$2,189 / 1.54 ratio
1.40
4 BR
4 BR
1.52ratio
FMR$2,200
Market$1,450
vs market+$750

FMR is above market; underwrite to market rent.

90% standard$1,980 / 1.37 ratio110% standard$2,420 / 1.67 ratio
1.52
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 12181 (NY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

12181 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 12181 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,660 and the 4 bedroom fair market rent is $2,200.

Use this page for searches like 12181 FMR, 12181 fair market rent, and 12181 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 12181
Bedroom sizeHUD FMR
Studio$1,190
1 bedroom$1,380
2 bedroom$1,660
3 bedroom$1,990
4 bedroom$2,200